Camden Prop Trust CPT underwent analysis by 13 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 3 | 5 | 2 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 1 | 0 |
| 2M Ago | 1 | 3 | 4 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 1 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Camden Prop Trust, presenting an average target of $108.42, a high estimate of $118.00, and a low estimate of $90.00. This current average reflects an increase of 5.26% from the previous average price target of $103.00.
Deciphering Analyst Ratings: An In-Depth Analysis
A comprehensive examination of how financial experts perceive Camden Prop Trust is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Anthony Paolone | JP Morgan | Raises | Neutral | $112.00 | $104.00 |
| James Feldman | Wells Fargo | Raises | Underweight | $104.00 | $92.00 |
| Vikram Malhorta | Mizuho | Lowers | Buy | $108.00 | $111.00 |
| Adam Kramer | Morgan Stanley | Raises | Equal-Weight | $105.50 | $98.00 |
| Nicholas Yulico | Scotiabank | Raises | Sector Perform | $108.00 | $104.00 |
| Michael Goldsmith | UBS | Raises | Neutral | $109.00 | $105.00 |
| Richard Anderson | Wedbush | Raises | Outperform | $118.00 | $110.00 |
| Brad Heffern | RBC Capital | Raises | Outperform | $110.00 | $107.00 |
| Vikram Malhorta | Mizuho | Raises | Buy | $111.00 | $99.00 |
| Alexander Goldfarb | Piper Sandler | Raises | Neutral | $110.00 | $90.00 |
| Richard Anderson | Wedbush | Maintains | Outperform | $110.00 | - |
| Michael Lewis | Truist Securities | Raises | Buy | $114.00 | $113.00 |
| Alexander Goldfarb | Piper Sandler | Maintains | Underweight | $90.00 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Camden Prop Trust. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Camden Prop Trust compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Camden Prop Trust's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Camden Prop Trust's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Camden Prop Trust analyst ratings.
About Camden Prop Trust
Camden Property Trust is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities across the United States. The company's real estate portfolio consists primarily of apartment properties throughout the Sun Belt. Houston, Dallas, Las Vegas, and Atlanta represent some of Camden's largest housing markets in terms of apartment units. The firm derives nearly all of its revenue from the leasing of properties to tenants through short-term agreements. Camden Property derives the majority of its revenue from the Washington D.C., Los Angeles, Houston, Atlanta, and southeastern Florida areas.
Camden Prop Trust's Economic Impact: An Analysis
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, Camden Prop Trust showcased positive performance, achieving a revenue growth rate of 1.32% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.
Net Margin: Camden Prop Trust's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 21.9% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Camden Prop Trust's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.69%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.91%, the company showcases effective utilization of assets.
Debt Management: Camden Prop Trust's debt-to-equity ratio is below the industry average. With a ratio of 0.72, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
What Are Analyst Ratings?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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